The USDA has forecast that US farmers will plant 45m acres in wheat (both winter and spring) in 2018, which would be down from the 46m acres planted this year.
If realised, this would be the lowest acreage planted in wheat in the US since records began in 1919.
The USDA’s office of the chief economist is forecasting that US farmers will put more acres into soya beans and corn in 2018 instead of wheat.
Another bumper corn crop looks on the cards in the US in 2018, with the USDA forecasting corn plantings to increase 600,000 acres to 91m acres.
Soya returns
Over recent years, the returns from soya beans has been superior to traditional grains like corn and wheat. US farmers have moved more acres into soya beans as a result and 2018 looks set to continue this trend.
The USDA is forecasting soya bean plantings to increase by 1m acres next year to a total of 91m acres, which would be an all-time record.
Of the eight major crops planted in the US (barley, corn, cotton, oats, rice, sorghum, soya beans and wheat) the total planted area in 2018 will be just shy of 254m acres, which is almost 1.5m acres above last year.
Read more
Overall supply drives sentiment down
Grazing catch crops
The USDA has forecast that US farmers will plant 45m acres in wheat (both winter and spring) in 2018, which would be down from the 46m acres planted this year.
If realised, this would be the lowest acreage planted in wheat in the US since records began in 1919.
The USDA’s office of the chief economist is forecasting that US farmers will put more acres into soya beans and corn in 2018 instead of wheat.
Another bumper corn crop looks on the cards in the US in 2018, with the USDA forecasting corn plantings to increase 600,000 acres to 91m acres.
Soya returns
Over recent years, the returns from soya beans has been superior to traditional grains like corn and wheat. US farmers have moved more acres into soya beans as a result and 2018 looks set to continue this trend.
The USDA is forecasting soya bean plantings to increase by 1m acres next year to a total of 91m acres, which would be an all-time record.
Of the eight major crops planted in the US (barley, corn, cotton, oats, rice, sorghum, soya beans and wheat) the total planted area in 2018 will be just shy of 254m acres, which is almost 1.5m acres above last year.
Read more
Overall supply drives sentiment down
Grazing catch crops
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